Turkey is becoming a major player in the blockchain space, with high crypto adoption rates and a strong developer ecosystem. For us, BlockchainX Istanbul was a chance to meet investors, assess market sentiment, and connect with founders working on scalable blockchain solutions.

• Turkey’s blockchain ecosystem is expanding – The country continues to be one of the most active crypto markets, with a growing number of local Web3 startups.
• Networking was the main value – The best insights and connections came from side events and private investor meetups rather than main-stage discussions.
• Institutional interest is increasing – Large financial players and corporate investors are looking for compliant ways to enter the space.
• Regulatory discussions were a key focus – Investors and projects are adjusting to Turkey’s evolving approach to blockchain compliance and crypto regulations.

Turkey’s high crypto adoption and growing Web3 scene make it an important region to watch. The market is shifting from speculation to real infrastructure and institutional-friendly blockchain solutions. Moonhill Capital is tracking key projects in this space, focusing on those with strong execution and long-term viability.

BlockchainX Istanbul 2024 reinforced that Turkey is one of the most active and rapidly growing crypto markets. For investors, the best opportunities lie in infrastructure, compliance-driven solutions, and teams that understand how to scale in a regulatory environment.